- This topic has 17 replies, 7 voices, and was last updated 18 years, 4 months ago by .
- You must be logged in to reply to this topic.
We have most of it in 6 month t-bills (through Treasury Direct), the rates are about the same as 6-month CD’s once you factor in no California tax. Some in CD’s, a little in foreign currency, a little in a gold pool account with Kitco.
What foreign currency? Could you explain the reasons for each of your choices? Thanks. I ask because I am leaning in that same direction: euros, gold, T bills. Also thinking of how to invest in hard assets of water and food plays. As the dollar devalues what will go up: oil, water, food. Gold, maybe. Gold was historically a store of value and perhaps it will be again, but what people need more than gold is water, oil, and food. Any comments?